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or was it just these fiscal cliff negotiations that are going on right now? the inability to make a deal? >> it's the do-nothing congress, their inability to make this deal. the best thing for the economy would be to make a deal and get off the fiscal edge, right. but if they're not going to be able to do that, then bernanke is smart. and again, it's unprecedented for him to do that. it's smart for him to go in and continue to try to stimulate the economy. >> you know, it's one thing for him to say that he is very concerned about the fiscal cliff and what it would do to the economy. but then to back it up with this move. >> yeah. you got to give the guy a lot of credit. it might be his bid for a third term as fed chairman, frankly, because it is creative. it's unprecedented, and by the way, the europeans are now following his lead. >> what is the danger here? >> well, the danger is that we're creating a bit of a bubble with these low interest rates, just like we did, unfortunately, in 2003 and 2004 when greenspan kept interest rates low. and that created the
or was it just these fiscal cliff negotiations that are going on right now? the inability to make a deal? >> it's the do-nothing congress, their inability to make this deal. the best thing for the economy would be to make a deal and get off the fiscal edge, right. but if they're not going to be able to do that, then bernanke is smart. and again, it's unprecedented for him to do that. it's smart for him to go in and continue to try to stimulate the economy. >> you know, it's one...
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. >> that was speaker of the house john boehner making remarks on the status of the fiscal cliff negotiations. jim, not giving us a ton to chew on there other than talking about a sea of red i think as far as the eye can see and the lack of seriousness. >> sharp ability to cut to the real matter. i think people are scratching their head at why we just had to watch that. >> you never know. there has been silence, right? there has been silence for the last two days, so perhaps, as david corn suggested to me earlier in makeup, this is boehner's bid to get some air time. >> yes. >> i think the story is pretty simple. the republicans are going to keep saying that every single day, and the president is going to keep saying raise taxes every single day until behind the scenes the two of them get a deal. i am still an optimist that they will get a deal. i think it's manifestly in both of their self interests. i don't think the president's hand is as strong as he thinks it is, and i think boehner has much more incentive than he leads on to figure out a way to get a deal to avert this. neither of these
. >> that was speaker of the house john boehner making remarks on the status of the fiscal cliff negotiations. jim, not giving us a ton to chew on there other than talking about a sea of red i think as far as the eye can see and the lack of seriousness. >> sharp ability to cut to the real matter. i think people are scratching their head at why we just had to watch that. >> you never know. there has been silence, right? there has been silence for the last two days, so perhaps,...
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on the newshour tonight, we'll update negotiations aimed at avoiding the fiscal cliff. >> ifill: then, we look at michigan's debate over right-to- work laws which would prevent labor unions from requiring membership. >> woodruff: paul solman explores the tax deductions that could be on the chopping block in the quest to bring down the deficit. >> we estimate $1.1 trillion a year in revenue the government gives up because of all the tax breaks. that's enough to solve the revenue problem but it's not going to happen. >> ifill: ray suarez has a newsmaker interview with secretary of homeland security janet napolitano. >> you can discuss border security and immigration reform simultaneously now. we don't have to this kind of first this and then that. at this point they actually go together. >> woodruff: special correspondent rick karr reports on the polluted waters that spilled into new york homes and businesses in superstorm sandy, raising health concerns. >> everybody sort of got sick at the same time. all of us sort of attributed it to, well, we're all stressed out. it's very cold. but
on the newshour tonight, we'll update negotiations aimed at avoiding the fiscal cliff. >> ifill: then, we look at michigan's debate over right-to- work laws which would prevent labor unions from requiring membership. >> woodruff: paul solman explores the tax deductions that could be on the chopping block in the quest to bring down the deficit. >> we estimate $1.1 trillion a year in revenue the government gives up because of all the tax breaks. that's enough to solve the...
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the house on a fiscal cliff agreement. and egypt's islamist president deployed troops outside the presidential palace amid growing protests against a referendum on a new constitution. and online we kick off a week- long look at how the developing world is tackling cancer. hari sreenivasan is here again. >> sreenivasan: more people die from cancer in low- and middle- income countries than from tuberculosis, hiv/aids, and malaria combined, but the fight against the deadly class of diseases has just begun there. see the first in our five-part series on our health page. and today our social security sage, larry kotlikoff, offers advice for outliving your money. that's on the business desk. and in our science roundup, find the perfect gift for your budding chemists and biologists, including a toy made from an owl's lunch. all that and more is on our web site, newshour.pbs.org. gwen? >> ifill: and that's the newshour for tonight. on tuesday, we'll look at the raging political turmoil in egypt. i'm gwen ifill. >> woodruff: and i'
the house on a fiscal cliff agreement. and egypt's islamist president deployed troops outside the presidential palace amid growing protests against a referendum on a new constitution. and online we kick off a week- long look at how the developing world is tackling cancer. hari sreenivasan is here again. >> sreenivasan: more people die from cancer in low- and middle- income countries than from tuberculosis, hiv/aids, and malaria combined, but the fight against the deadly class of diseases...
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what do these numbers mean and what do they portend for the fiscal cliff negotiations? >> it strengthens the president's hand. it was a good number, not great, because of some of the revisions we saw to previous months but the president can tout a record of job creation, so that's encouraging. the unemployment rate went down to 7.7% for some of the wrong reasons. a lot of people left the labor force. that's not something you want to see. you want to see more people coming into the labor force, encouraged that they have a chance at getting a job. nonetheless, 146,000 jobs created. that's good for the president. gives him a chance to go out there and have some momentum going into the fiscal cliff talks. i was just at the speaker's press conference down the hall at the top of last hour and he said look, there's no progress being made and his call with the president was just more of the same and the staff talks behind the scenes yesterday were more of the same. he didn't give us a whole lot of optimism going into this weekend here, alex. >> here's my question. i have many q
what do these numbers mean and what do they portend for the fiscal cliff negotiations? >> it strengthens the president's hand. it was a good number, not great, because of some of the revisions we saw to previous months but the president can tout a record of job creation, so that's encouraging. the unemployment rate went down to 7.7% for some of the wrong reasons. a lot of people left the labor force. that's not something you want to see. you want to see more people coming into the labor...
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they look at the role of lobyists in those fiscal cliff negotiations. and an update on the situation in syria. washington journal live at 7:00 a.m. on c-span. >> by a majority of 6 to 3 and they are going to say that is precedent. and indiana had a -- >> they decided on the indiana case it was constitutional for them to establish i.d. they did not say that all of those states who have subsequently done that -- >> let me finish because you misrepresent what i said. >> hold on. >> that's the law of the land. >> when i hear these accusations that black people, voter i.d. laws disproportionately affect minorities, it implies to me we have something missing in our brain. to me if white can get i.d.'s to vote and follow the processes to follow the laws, what are you telling black people? that they are not good enough, that they are lesser than and that bothers me from democrats on the left that we always have to make special -- there has to be a specialness when we deal with minorities because they are too feebleminded. we need to make concessions for them be
they look at the role of lobyists in those fiscal cliff negotiations. and an update on the situation in syria. washington journal live at 7:00 a.m. on c-span. >> by a majority of 6 to 3 and they are going to say that is precedent. and indiana had a -- >> they decided on the indiana case it was constitutional for them to establish i.d. they did not say that all of those states who have subsequently done that -- >> let me finish because you misrepresent what i said. >>...
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cliff negotiations in washington is our colleague and friend ruth marcus from "the washington post." columnist for "the washington post." ruth, this whole issue in the midwest, this used to be most likely in the southern states, but this really is moving, and we're seeing a real decline in union household membership about half what it was 40 years ago. it used to be 24%. now it's 11.8%. >> unions are reeling, and the more states that enact measures like this, the more unions will be reeling. their penetration, the private sector is something like 7% of the private sector work force is unionized, and i have to say -- i don't use words like this very often, i thought some of the governor's comments were kind of orwelian to suggest this was a pro-worker move. it's clearly a move that may help businesses, but what a kick in the teeth to autoworkers unions, who as you correctly point d out, gave a lot back to help the auto industry get back on its feet, the notion that we had to do this now with this lame-duck session because they raised it in some other proposition is bizarre to me, and
cliff negotiations in washington is our colleague and friend ruth marcus from "the washington post." columnist for "the washington post." ruth, this whole issue in the midwest, this used to be most likely in the southern states, but this really is moving, and we're seeing a real decline in union household membership about half what it was 40 years ago. it used to be 24%. now it's 11.8%. >> unions are reeling, and the more states that enact measures like this, the more...
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and more people trust him to handle fiscal cliff negotiations than speaker boehner to handle the pole. poll. is that why people feel he's going to win at least talking about taxes. >> one, the approval rating is very high. two, republicans go either way. whether republicans want to cut a deal and raise taxes just on the rich or whether they won't go with a deal on january 1st, you'll see taxes to rise on everybody. there's a feeling with democrats they're going to win and get what they want either way. this is trufrustrating republic. when i talk to republicans privately, they say this is hugest from trags. the speaker has put $800 billion on the table and said he would go higher than if the president would come along with spending cuts. >> how high are you hearing? >> it's unclear. i think he's just signaling a willingness which many republicans tell me will also end up being a move on the tax rates. but he can't go there with his caucus, unless he has the spending cuts that he can sell $800 billion in revenue, and we're going to get you $800 billion in spending cuts. democrats don't
and more people trust him to handle fiscal cliff negotiations than speaker boehner to handle the pole. poll. is that why people feel he's going to win at least talking about taxes. >> one, the approval rating is very high. two, republicans go either way. whether republicans want to cut a deal and raise taxes just on the rich or whether they won't go with a deal on january 1st, you'll see taxes to rise on everybody. there's a feeling with democrats they're going to win and get what they...
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well, we begin with the new urgency in the fiscal cliff negotiations with now just 21 days, three weeks to reach a deal. today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking commission said his party should consider the president's idea of raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. we have one house, that's it. the presidency and the senate is in the democrat's hands. a lot of people are putting forth a theory and i think it has merit where you go in and give the president the 2% increase that he's
well, we begin with the new urgency in the fiscal cliff negotiations with now just 21 days, three weeks to reach a deal. today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the...
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why the republicans totally tone deaf and why aren't the fiscal cliff negotiations any closer? >> we have been reasonable and responsible in our approach to this. we'll continue to do that. it's time for the president to do his part. >> i'm pretty confident that the republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> eliot: funnying me now to discuss the latest going on in the fiscal cliff saga is congresswoman jackie speier. welcome. thank you for joining us. >> my pleasure. >> eliot: rather than saying yes we'll agree to some agree to some marginal rates to the wealthy, they want to make permanent the tax cuts to the wealthy. what's going on in the head of john boehner. >> i'm not sure it's the head of john boehner but the heads of the tea party members who did not read the results of the last election. it's important to realize that the bipartisan bill by republicans and democrats in the senate were passed extending the tax cuts for those making under $250,000, and fixes the amg which we have not spent much time ta
why the republicans totally tone deaf and why aren't the fiscal cliff negotiations any closer? >> we have been reasonable and responsible in our approach to this. we'll continue to do that. it's time for the president to do his part. >> i'm pretty confident that the republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> eliot: funnying me now to discuss the latest going on in the fiscal cliff saga is congresswoman...
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this is the speed of the fiscal cliff negotiations. blink and you just might miss exactly nothing. while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original offer. might that seal the deal? >> the president's called for $1.4 trillion worth of revenue. that cannot pass the house or the senate. >> okay then. the speaker's office responded with a deal of its own. yesterday it included precisely the same amount of revenue from the original proposal, $800 billion, which indicates there may have been concessions else where. a democratic source close to the white house tells nbc news the proposal included a permanent extension of the bush tax cuts. that is highly unlikely to fly, given the hard line the president has taken on tax rates and what he told barbara walters in an interview airing this friday on "20/20." >> taxes are going to go up one way or
this is the speed of the fiscal cliff negotiations. blink and you just might miss exactly nothing. while talks between speaker boehner and president obama over the past three days have been shrouded in secrecy, we've learned there have been two offers put on the table. the white house sent boehner a proposal on monday calling for $1.4 trillion in tax revenue, $200 billion less than the original offer. might that seal the deal? >> the president's called for $1.4 trillion worth of revenue....
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cliff negotiations are over. the "times" reports president obama wants a catch-all bill that would also bolster border security measures, ratchet up penalties for employers who hire illegal immigrants, and make it easier to bring in foreign workers under special visas. the white house will launch a social media campaign early next year. cabinet secretaries are preparing to make their case for how changes in immigration laws could benefit businesses, education, health care, and public safety. congressional committees could hold hearings on immigration legislation as soon as late january. with some republicans willing to come to the table and work towards a solution, the timing seems right for the cause. and it's the issue that just makes fiscal sense. as think progress points out, legalizing the 11 million unlimited immigrants in the united states could boost the nation's economy, tax revenues would definitely increase, and giving legal status to young educated immigrants would have a ripple effect, increasing wag
cliff negotiations are over. the "times" reports president obama wants a catch-all bill that would also bolster border security measures, ratchet up penalties for employers who hire illegal immigrants, and make it easier to bring in foreign workers under special visas. the white house will launch a social media campaign early next year. cabinet secretaries are preparing to make their case for how changes in immigration laws could benefit businesses, education, health care, and public...
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host: how will the fiscal cliff negotiations affect you? will you lose benefits? caller: i will lose benefits at the end of december, and i will have to go on county assistance to see what they can do to help, but i would rather go back to work. i started picking work when i was 12 years old. host: what are you doing to prepare for the scenario? caller: i am trying to get my ged but i have always had a problem with education. guest: this is a huge issue. people like john are not at the negotiation table. it is tough to consider the full range of decisions. what we find time and time again is that the education and skills component of helping unemployed workers get back into the workforce is a big obstacle. we have 40 programs on the federal level to deal with that, but based on analysis out of rutgers university, is usually people that have been able to find their own education path and get their own skills and out of these government programs have been the most successful. that is a problematic dynamic. host: lisa is next from texas on the independent line. good
host: how will the fiscal cliff negotiations affect you? will you lose benefits? caller: i will lose benefits at the end of december, and i will have to go on county assistance to see what they can do to help, but i would rather go back to work. i started picking work when i was 12 years old. host: what are you doing to prepare for the scenario? caller: i am trying to get my ged but i have always had a problem with education. guest: this is a huge issue. people like john are not at the...
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. >> fiscal cliff negotiations proving once again that obama is never worried about trying to fix the problem. >> how about manning up here, mr. president. >> all he's trying to do is fix the blame. >> the president won. he wants to prove he can dominate. >> 15 auto workers fired are back on tle job tonight. >> hey, guys, hate to be a buzzkill, but shouldn't you guys be building cars? don't you guys work out at the chrysler factory? >> this right to work in michigan is a big deal. and michigan is about to become a right to work state, where you can't get a job without having to join a union. >> these so-called right to work laws don't have anything do with economics. they have everything to do with politics. >> michigan is ground zero for union activity. >> ♪ gangnam style >> this guy should have never been there. they realized he had done this in 2002 and 2004. apologies don't matter. he said we want american troops, their families, wives and kids, to die, die a painful death. you don't apologize for that. you're a bad person. get him out of the white house. >> you're going to hold
. >> fiscal cliff negotiations proving once again that obama is never worried about trying to fix the problem. >> how about manning up here, mr. president. >> all he's trying to do is fix the blame. >> the president won. he wants to prove he can dominate. >> 15 auto workers fired are back on tle job tonight. >> hey, guys, hate to be a buzzkill, but shouldn't you guys be building cars? don't you guys work out at the chrysler factory? >> this right to...
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can you give the american people status update what is happening with these fiscal cliff negotiations? do you see that coming together, both sides? >> i hope so but there's a cliff in this country in terms of how we approach things. the president ran on a plank, very wealthy no longer should get a tax break. middle class taxpayers should continue to get a lower tax than they otherwise would. the republicans, if i might say so, simply have to listen to the election results. the president was clear. we asked can dates to be clear about their positions. the president was utterly clear that the tax rates for high income people should return to the clinton era. the people spoke. the republicans should listen. jenna: congressman, pleasure to have you on set. look forward to have you come back. talk to us about spending at the national level. >> be glad to do that. jenna: thank you for the time. jon? jon: get away from all this earthly talk of fiscal cliffs and other problems and get to dramatic new findings from space. nasa's hubble space telescope has helped astronomers discover something
can you give the american people status update what is happening with these fiscal cliff negotiations? do you see that coming together, both sides? >> i hope so but there's a cliff in this country in terms of how we approach things. the president ran on a plank, very wealthy no longer should get a tax break. middle class taxpayers should continue to get a lower tax than they otherwise would. the republicans, if i might say so, simply have to listen to the election results. the president...
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we'll have the latest on the slow, unfolding drama, emphasis on slow, that is the fiscal cliff negotiations. the white house and speaker boehner trade proposals and tension. we will discuss with house democratic whip steny hoyer, ezra klein, sam stein, jane mayer, and jen zocki. plus, csi gop, as the republicans make the long slog to redemption, we discuss lessons learned. and the war on women rages on in the lone star state. we will look at planned parenthood's fight in texas. all that starts in a mere 180 seconds. ♪ [ male announcer ] we began serving handcrafted coffees in seattle, and people seemed to like it. so we wondered -- where else could we take this? ♪ for over 40 years, we've brought our passion for fine coffee and espresso to people everywhere. but one place was impossible, until now. our lattes, espresso and brewed coffee, now in your home from a machine like no other. and now $50 off through january 1st. the verismo® system, by starbucks. [ "the odd couple" theme playing ] humans. even when we cross our "t"s and dot our "i"s, we still run into problems -- mainly other h
we'll have the latest on the slow, unfolding drama, emphasis on slow, that is the fiscal cliff negotiations. the white house and speaker boehner trade proposals and tension. we will discuss with house democratic whip steny hoyer, ezra klein, sam stein, jane mayer, and jen zocki. plus, csi gop, as the republicans make the long slog to redemption, we discuss lessons learned. and the war on women rages on in the lone star state. we will look at planned parenthood's fight in texas. all that starts...
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wile we focus on the fiscal cliff negotiations, or more appropately the iasse many our state governments aren't in much better shape. state pensionsystems, unfunded liabilities are now estimated to be in the range of $2.5 trillion to almt $4 trillion. leading is california witmore than $370 billion in unfunded pension liabilities, only 47% are currently fued. a pension debt per household in california of aost $30,000. illinois close behind, $167 billion in unfundedliabilities, 28% funded, and th state pension debt per household amounting to over $34,000. in municipal bonds illinois sold over $5illin bonds this year making it the third biggest debt issuer in the first tee arters this year. california and new york, numbers e and two with. the issue of unfunded pension liabilities with the passage of right-to-work laws is a subject that i'm going to be taking up with our next guest. -@mallory fctor, author of can the bestseller, "shadow boxes: government nioos control amera and rob taayers blind." we are delighted to have you with us. let's turn first, if i may, to the presiden telling auto
wile we focus on the fiscal cliff negotiations, or more appropately the iasse many our state governments aren't in much better shape. state pensionsystems, unfunded liabilities are now estimated to be in the range of $2.5 trillion to almt $4 trillion. leading is california witmore than $370 billion in unfunded pension liabilities, only 47% are currently fued. a pension debt per household in california of aost $30,000. illinois close behind, $167 billion in unfundedliabilities, 28% funded, and...
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tomorrow, on washington journal, guests discussed the latest on the so-called fiscal cliff negotiations and the week ahead. a politico reporter looks at the lobbyist involvement in those negotiations. and an update on the situation in syria. live at 7:00 a.m. eastern on c- span. >> the supreme court will look at what was passed in 2008 by a majority of 63, i believe and they are going to say that is president. and indiana -- >> we are talking about facts. when they decided the indiana case, it was constitutional for them to establish it. they did not say all the states -- >> correct. they talked about indiana. let me finish peeping >> you are misrepresenting. >> no, i am not. >> i hear these accusations that black people, a voter i.d. lost disproportionately affect minorities. it implies to me that we have something missing in our brains. to me, if white americans can get it to vote and go through all the processes to follow the laws, what are you telling black people? that somehow they are not able to? they are lesser the man? that is what bothers me about the rhetoric coming from demo
tomorrow, on washington journal, guests discussed the latest on the so-called fiscal cliff negotiations and the week ahead. a politico reporter looks at the lobbyist involvement in those negotiations. and an update on the situation in syria. live at 7:00 a.m. eastern on c- span. >> the supreme court will look at what was passed in 2008 by a majority of 63, i believe and they are going to say that is president. and indiana -- >> we are talking about facts. when they decided the...
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cliff negotiations? >> the president is making the case that the economy is getting better but still fragile and sea and the republicans have both said the country goes over the fiscal cliff it will be very bad for the economy. >> it shows people are still confident -- at what point will that confidence start to wayne? >> probably when we get around christmas or get down to the very last days before the end of the year. these things never get done until both sides backs are up against the wall and the calendar is about to run out. the other side wants to appear they gave too much. -- neither side wants to appear they give up too much. >> a balancing act to the end. thank you so much. >> 23 days ago. not everything is a on the internet is ok in the eyes of the law -- what a virginia judge decided about a post by a woman who slammed the work of a contractor hired to make repairs. >> the -- belfort furntiure weather center a fog advisory for the overnight hours. early tomorrow morning been a big warmup foll
cliff negotiations? >> the president is making the case that the economy is getting better but still fragile and sea and the republicans have both said the country goes over the fiscal cliff it will be very bad for the economy. >> it shows people are still confident -- at what point will that confidence start to wayne? >> probably when we get around christmas or get down to the very last days before the end of the year. these things never get done until both sides backs are up...
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we'll bring our viewers live what he has to say about the fiscal cliff negotiations. whether or not we can read a little bit what he has to say where we're at in the negotiations of the maybe no ski trip to mars included in that. >> reporter: you doubt it. jenna: doug, thank you very much. we appreciate it. rick: the president's second term has not even started yet but some political pundits are already looking ahead to 2016. what they're saying about hillary clinton's chances four years from now. >>> rare december tornados slamming the southern u.s., leaving behind a trail of destruction, devastating communities. we'll take you to the hardest hit areas straight ahead. >> just heard a big bam. thought the world was coming to an end. >> it was real scary. everything was just flying around, just tossed around. >> the tornado just came, bouncing from house to house. rick: some extreme weather to tell you about out of central florida. a tornado tearing through the town of edgewater, damaging about 40 mobile homes in a community there. no serious injuries were reported but
we'll bring our viewers live what he has to say about the fiscal cliff negotiations. whether or not we can read a little bit what he has to say where we're at in the negotiations of the maybe no ski trip to mars included in that. >> reporter: you doubt it. jenna: doug, thank you very much. we appreciate it. rick: the president's second term has not even started yet but some political pundits are already looking ahead to 2016. what they're saying about hillary clinton's chances four years...
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when it comes to the fiscal cliff, you have to go back to that quickly. are you going to be there on december 31st at 11:59 voting on a deal or will there be something beforehand? >> all of the commentators seem to think there is going to be a deal. i don't know. the republicans seem to be caving in or beginning to set the door to cave in on agreeing to some tax rate increases. but a deal that says what some people are talking about will increase the tax rates to not as much as they were under clinton. and return will put a limit on cost of living increases for social security, will increase the eligibility age for medicare. as the republicans are demanding is not an acceptable compromise as far as i'm concerned. you have a lot of democrats voting against any such agreement. >> eliot: you are raising the critical issue that has not gotten any substantial and necessary attention as it should which is what will the cost-cutting be. where will it come from? how will entitlements be affected if at all and why? we have to have that conversation. >> the most ob
when it comes to the fiscal cliff, you have to go back to that quickly. are you going to be there on december 31st at 11:59 voting on a deal or will there be something beforehand? >> all of the commentators seem to think there is going to be a deal. i don't know. the republicans seem to be caving in or beginning to set the door to cave in on agreeing to some tax rate increases. but a deal that says what some people are talking about will increase the tax rates to not as much as they were...
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Dec 11, 2012
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we have breaking news on the fiscal cliff negotiations. eamon? >> we have a statement from john boehner's office. they're saying that they have made a counter proposal now to the white house. let me read you the statement. they say, we sent the white house a counter offer that would achieve tax and entitlement reform to solve our looming debt crisis and create more american jobs. this from the speaker's office. they are also saying that their offer now today was in response to a new offer from the white house. we know that the ap is also reporting that at least partial offers have been exchanged between the two sides over the past two days. so, clearly, what we know here is that paper is changing hands and the deal making is actually happening right now. what we don't know is what the content of that deal is. and speaker's office telling me right now that they're not going to be able to provide any detail on what was in that counter offer, so, behind the scenes, the mystery continues here. >> so, again, we're not necessarily zeroing in on exactly
we have breaking news on the fiscal cliff negotiations. eamon? >> we have a statement from john boehner's office. they're saying that they have made a counter proposal now to the white house. let me read you the statement. they say, we sent the white house a counter offer that would achieve tax and entitlement reform to solve our looming debt crisis and create more american jobs. this from the speaker's office. they are also saying that their offer now today was in response to a new offer...
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Dec 7, 2012
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., let's talk about the fiscal cliff negotiations and the politics of it. how do these numbers effect, if you feel it effects at all the ongoing negotiations? >> first, for the unemployment we would have heard that obama cooked the preelection numbers. and and, second, i'm glad that secretary solis said we don't need more push, particularly benefiting the unemployment and that's got to be part of the fiscal cliff negotiations that. is something that the republicans have to deal with. and i think the republicans and making sure that the debt ceiling is extended for a long time because the one thing that could hurt the economy even more than going off some curb or cliff or slope is if we had a rep tilgs of the debt ceiling battle that we had in 2011. >> so in your view right now, you think that we're past -- potentially past the tax reform question? it's about not the stimulus money but the debt ceiling negotiation and it's important because many communities are not impacted by private sector job growth and need the public sector jobs that the stimulus would
., let's talk about the fiscal cliff negotiations and the politics of it. how do these numbers effect, if you feel it effects at all the ongoing negotiations? >> first, for the unemployment we would have heard that obama cooked the preelection numbers. and and, second, i'm glad that secretary solis said we don't need more push, particularly benefiting the unemployment and that's got to be part of the fiscal cliff negotiations that. is something that the republicans have to deal with. and...
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Dec 11, 2012
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melissa: we have more breaking news on the fiscal cliff negotiations now. a senior white house aide confirms the obama administration is offering $1.4 trillion in revenue. you remember the previous offer by the white house was 1.6 trillion in revenue. so a little decline there but, no talk of spending right? we'll bring you more details as we have them. >>> the tragic death of dallas cowboys player is sparking debate how much control employers can imposed over their workers. over the weekend krou boys linebacker jerry brown was killed in a drunk driving accident with fellow teammate josh brent at the wheel. the cowboys are considering installing a device called safe-key in every player's car. it prevents cars from driving if the driver doesn't pass a visual hand-eye coordination test. the cowboys won't be the first organization to have rules. here at "money" we told you about it. ri health which fired 150 workers for not getting flu shots. the question is, are these kinds of rules fair to employees and are they even legal? here to figure this out is attorne
melissa: we have more breaking news on the fiscal cliff negotiations now. a senior white house aide confirms the obama administration is offering $1.4 trillion in revenue. you remember the previous offer by the white house was 1.6 trillion in revenue. so a little decline there but, no talk of spending right? we'll bring you more details as we have them. >>> the tragic death of dallas cowboys player is sparking debate how much control employers can imposed over their workers. over the...
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Dec 13, 2012
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i think that just discounting any probability we have a fiscal cliff, if we do, and negotiations brick down, then market i think will be way overpriced for the very difficult economy. we'll see in the first half of next year. lou: we might see it before the end of the year, if it is clear, this may be part of the game, they try to keep in am pickous to whether or not there will be a dial, that would be a slick portion of this negotiation. i do not know what to make of it. i do think this republicans are now incentivized to go over the cliff, and seek sequest raising sequestration in force. it gives republicans want they want, two-for-one spending cuts to tax hikes it gets intresting. >> it is, some of the commentary i've seen, suggestions that the president i talking about more x increases than spending cuts, that is -- >> 2 to 1. >> yeah contrary to the original agreement. lou: well imagine that. president turning things on its head, john silvio thank you. >> thank you. lou: and straightening us out. looking now at "new york times" bestseller list, i thought this week was really, news
i think that just discounting any probability we have a fiscal cliff, if we do, and negotiations brick down, then market i think will be way overpriced for the very difficult economy. we'll see in the first half of next year. lou: we might see it before the end of the year, if it is clear, this may be part of the game, they try to keep in am pickous to whether or not there will be a dial, that would be a slick portion of this negotiation. i do not know what to make of it. i do think this...
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Dec 9, 2012
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how could this power player conversation impact fiscal cliff negotiations? >> temperatures on the chilly cited above their warming up tomorrow. the insta-weather + forecast just ahead. >> were watching wbal- tv 11. live, local, late breaking. this is 11 news at 6:00. [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> the big story tonight, a crush in defeat at the hand of the washington redskins. adding insult to injury, a spot in the playoffs was available for the taking. >> a season that seemed so charmed a few weeks ago. now what feels cursed for ravens fans. injuries mounting and adding to the pain. it looking good in the fourth quarter. ravens trying to deal with robert griffin iii. hey, diddle diddle. ray rice up the middle. ravens up by eight. the redskins proved to be more resilience. look at kurt cousins in for injured rg3. he finds pierre garcon. tied at 28. a big punt returns setting up. that's it. there you go. from 34 yards, the rookie has never missed a kick in the nfl.
how could this power player conversation impact fiscal cliff negotiations? >> temperatures on the chilly cited above their warming up tomorrow. the insta-weather + forecast just ahead. >> were watching wbal- tv 11. live, local, late breaking. this is 11 news at 6:00. [captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> the big story tonight, a crush in defeat at the hand of the washington redskins. adding...
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even in the debt ceiling debate or the fiscal cliff negotiations that neither side will give and they're both being unreasonable. and really not drilling down. the other thing they do is they really go back to newt gingrich and grover norquist. as you've talked about both these things, changing the culture of washington and making compromise impossible. >> here's something really naughty, i think in terms of policy. who can forget back in august not a million years ago when the romney pollster neil newhouse said the following. we're not going to let our campaign be dictated by fact checkers. think about that. fact checkers meaning facts. >> right. >> i was on the show with you the other night. we talked about the quotes of the year. 47%. >> that's a good one. >> i thought this should be the top two of three. that showed their view towards reality. it was an arrogance that we can say whatever we want to say. and i think in years past, this is what's changed. campaigns would not be so brazen. if caught in a lie they maybe feel some shame. here's neil newhouse telling reporters that we don'
even in the debt ceiling debate or the fiscal cliff negotiations that neither side will give and they're both being unreasonable. and really not drilling down. the other thing they do is they really go back to newt gingrich and grover norquist. as you've talked about both these things, changing the culture of washington and making compromise impossible. >> here's something really naughty, i think in terms of policy. who can forget back in august not a million years ago when the romney...
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Dec 10, 2012
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. >> the fiscal cliff negotiations are getting very little attention. we will drill down on the estate tax levy later in the hour. >>> why is jc penny stock higher today? and apple shares getting cut. are these the right call? well analyze this and more after this. she keeps you guessing. it's part of what you love about her. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, se
. >> the fiscal cliff negotiations are getting very little attention. we will drill down on the estate tax levy later in the hour. >>> why is jc penny stock higher today? and apple shares getting cut. are these the right call? well analyze this and more after this. she keeps you guessing. it's part of what you love about her. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's...
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Dec 12, 2012
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obama has leverage now because he really doesn't care if you go over the fiscal cliff or curb or slope, or whatever you want to call it. but in february we will hit the debt ceiling. and if we break through the debt ceiling we will unleash an economic hell on this nation. and no president would allow that, right? so that is republican leverage, as they see it. unlike them, obama is not willing to destroy the global economy. and so they figure there is no real need to cut a deal now, because if that deal, particularly if they deal includes concessions like taxes, just wait a couple of months, take the debt ceiling hostage and make everybody believe you'll shoot. this is making boehner weaker. it gives haas republicans an excuse to ignore the cuts the deal he makes. they say oh, we'll just wait it out. the concern that boehner will cut a deal that he can't actually deliver, or at the last minute he'll back off a deal because he won't have the votes. the white house, by the way, they don't think the debt ceiling is republican leverage. when you talk to them, they are all steel right now o
obama has leverage now because he really doesn't care if you go over the fiscal cliff or curb or slope, or whatever you want to call it. but in february we will hit the debt ceiling. and if we break through the debt ceiling we will unleash an economic hell on this nation. and no president would allow that, right? so that is republican leverage, as they see it. unlike them, obama is not willing to destroy the global economy. and so they figure there is no real need to cut a deal now, because if...
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. >>> to the fiscal cliff negotiations now. it is crunch time. with just three weeks before higher taxes and spending cuts kick in, negotiations are underway, but it's not known what if any progress is being made. speaking in michigan yesterday, the president said he's willing to compromise a little, but the gop wants to know specifics. danielle nottingham has more. >> reporter: president obama's campaign to steer clear of the fiscal cliff took him to a diesel engine plant outside detroit. >> congress doesn't act soon, meaning the next few weeks, starting on january 1, everybody's going to see their income taxes go up. >> reporter: private face-to-face talks were revived this weekend when house speaker john boehner went over to the white house. neither side is releasing details about the conversation, but taxes are still the big sticking point. >> i'm not going to have a situation where the wealthiest among us including folks like me get to keep all our tax breaks. >> reporter: republicans have adamantly opposed raising taxes, but now some are co
. >>> to the fiscal cliff negotiations now. it is crunch time. with just three weeks before higher taxes and spending cuts kick in, negotiations are underway, but it's not known what if any progress is being made. speaking in michigan yesterday, the president said he's willing to compromise a little, but the gop wants to know specifics. danielle nottingham has more. >> reporter: president obama's campaign to steer clear of the fiscal cliff took him to a diesel engine plant...
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. >>> we have another developing story with the ongoing negotiations of the fiscal cliff. despite spine signs of a deal in sight, house speaker boehner accused the president of holding back when it comes to spending cuts. >> the longer white house slow walk this is process, the closer our economy gets to the fiscal cliff. we know that the president wants more stimulus spending and increase in the debt limit without any cuts or reforms. that's not fixing our problem. frankly, it's making it worse. >> let me bring in our "news nation" political panel this hour. chris cafinus, michael smerkonish and louies romanis. what are we to make of speaker boehner coming out today, not sure of the overall message other than he wanted to have, i guess, a sound bite to play today as we continue to talk and the president is off at least negotiating behind the scenes on the fiscal cliff. >> i think you called it, tamron. look, the rhetoric is scaled back dramatically in the last few days. they're talking and seriously evidenced by the fact we're not learning that much. they're keeping it pr
. >>> we have another developing story with the ongoing negotiations of the fiscal cliff. despite spine signs of a deal in sight, house speaker boehner accused the president of holding back when it comes to spending cuts. >> the longer white house slow walk this is process, the closer our economy gets to the fiscal cliff. we know that the president wants more stimulus spending and increase in the debt limit without any cuts or reforms. that's not fixing our problem. frankly, it's...
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coming up we'll, find out from key lawmakers in the fiscal cliff negotiations how we can actually get a deal done before the deadline. representative chris van hollen, lynn jenkins and javier becerra as well as sore orrin hatch with us. we'll hear from former treasury secretary altman and jeff greenfield. bill? >> stocks are trading off the highs of the day with less than an hour to go. final hour, really from the get-go. optimism about the cliff talks and senator harry reid made some comments this afternoon that put a damper on that real. we've lost about 30 points. in that time. up 74 on the dow at 13,244. the nasdaq is doing well today, up 32 points. more than a 1% gain, although it is off its highs of the day at 3019, and the s&p 500 index is 8 plus points at 1426. the word on the street is because of the fiscal cliff, some investors are actually selling the winners, the winning stocks, and they are holding on to the poor performers, the opposite what have they have been doing the last few years. maria? >> makes a lot of sense given the fact that tax les go higher on capital gains
coming up we'll, find out from key lawmakers in the fiscal cliff negotiations how we can actually get a deal done before the deadline. representative chris van hollen, lynn jenkins and javier becerra as well as sore orrin hatch with us. we'll hear from former treasury secretary altman and jeff greenfield. bill? >> stocks are trading off the highs of the day with less than an hour to go. final hour, really from the get-go. optimism about the cliff talks and senator harry reid made some...
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cliff deal with republicans. whatever negotiations are taking place between the president and speaker john boehner, whatever each side is prepared to give up a a level of security. it's totally possible the white house actually has no intent on messing with medicare or social security benefits. but for the left the chatter is ominous. it's coming from well sourced reporters and we've been down this road before. the pursuit with john boehner in 2011, obama was willing. there's reason to suspect there's something to all this chatter. and the question then becomes why? why would obama who simply by doing nothing these next few weeks could get the tax hike on the wealthy he's been demanding without touching medicare and social security? why would he entertain such drastic changes to the safety net? most likely culprit is the dreaded debt ceiling. here's why. republicans came to these talks with no leverage. the consequences of doing nothing before the december 31st meeting were worse for them than democrats. they loo
cliff deal with republicans. whatever negotiations are taking place between the president and speaker john boehner, whatever each side is prepared to give up a a level of security. it's totally possible the white house actually has no intent on messing with medicare or social security benefits. but for the left the chatter is ominous. it's coming from well sourced reporters and we've been down this road before. the pursuit with john boehner in 2011, obama was willing. there's reason to suspect...
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Dec 10, 2012
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. >> a key week in fiscal cliff negotiations kicks off with a road trip. >> it will be mild with temperatures in the 60's today. >> we have some early morning fog. already >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> good morning. welcome back to 11 news today. i'm stan stovall. >> and i'm mindy basara. thanks for joining us for 11 news today. we have one school delay because of the fog on the eastern shore. >> the lower eastern shore, it gets pretty thick. just be careful this morning. it will burn off in a couple of hours. it will be a changeable kind of day. it is 45 at the airport. the fog will burn off. a cold front will move through this afternoon. it will jump around all over the place today. .0's and 60's and fog and rain i don't think any snow will f it. >> the fog is impacting your ride. 29 in the southbound direction, we have an accident. tracking a delay on westbound 100 towards 29 and that is because of the fog. southbound 29, you may see delays because of the accident wrapping up. south on 97, 67 miles per hour towards 50. it i
. >> a key week in fiscal cliff negotiations kicks off with a road trip. >> it will be mild with temperatures in the 60's today. >> we have some early morning fog. already >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> good morning. welcome back to 11 news today. i'm stan stovall. >> and i'm mindy basara. thanks for joining us for 11 news today. we have one school delay because of the fog on the eastern shore....
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Dec 5, 2012
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negotiations continue in washington on the so-called fiscal cliff. president obama plans to enter questions from business members. the group has been urging action to prevent huge automatic tax increases in january. those are some of the latest headlines on c-span radio. [video clip] >> we have not coordinated care. all these services have so many cracks that the cracks are as harmful as the diseases that we're treating. you have to step back and ask, are we hurting people overall? what are we doing? now we have the report saying 30% of everything we do not be necessary in health care. 30% of medications we subscribe, the test and procedures we order. this is something for the first time been called out as a problem. >> this function in the health- care industry. what hospitals will not tell you. urday night at 10:00 p.m. on c-span2. >> "washington journal" continues. host: we have been focusing on different aspects of the fiscal cliff. we want to look at capital gains tax and the estate tax. what is the estate tax? guest: it goes back to history --
negotiations continue in washington on the so-called fiscal cliff. president obama plans to enter questions from business members. the group has been urging action to prevent huge automatic tax increases in january. those are some of the latest headlines on c-span radio. [video clip] >> we have not coordinated care. all these services have so many cracks that the cracks are as harmful as the diseases that we're treating. you have to step back and ask, are we hurting people overall? what...
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Dec 6, 2012
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as this fiscal cliff negotiations continues, they think boehner is trying to warn conservatives about going against any kind of deal he cuts with the white house. so as a warning, boehner is saying i'm going to boot you off your committee if you go against something i do. a lot of conservatives don't like it when he plays hardball. they're going to continue to fight back just like senator demint is doing right now. >> but he's also going to lose some votes on the moderate side. a couple dozen republican house members signed a bipartisan letter that says let's look at all kinds of tax rates, not just the deduction, but tax rates in relation to other spending. so you've got republicans jumping ship on both sides. >> that's exactly right. the speaker is going to have to make a critical choice, because the lines are being drawn in the sand right now here on capitol hill. you have the conservatives who are being booted off the committee. they're very angry with the speaker. they're not going to move at all on tax rates. but you've got a lot of moderates in the republican conference from th
as this fiscal cliff negotiations continues, they think boehner is trying to warn conservatives about going against any kind of deal he cuts with the white house. so as a warning, boehner is saying i'm going to boot you off your committee if you go against something i do. a lot of conservatives don't like it when he plays hardball. they're going to continue to fight back just like senator demint is doing right now. >> but he's also going to lose some votes on the moderate side. a couple...
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host: armstong williams, how do you see the fiscal cliff negotiations going? where do you see them going? guest: there is no doubt that the president signaled yesterday in his conversation to the speaker of the house, and no matter what the drumbeats of the politicians and activists may say to the media, there is no question he is committed to resolving this issue. you cannot resolve this issue bringing people back to certainty or to help business owners understand the liabilities they will face on january 1, 2013. there is no question that the president and the speaker will come to a compromise. back during the days of former president lyndon baines johnson and the senator leader at the time, some of the issues that are going on -- i will never forget when dirkson was talking to the president, and the president said we should meet this evening. the senator said i think we have reached our wit's end. johnson left the white house and met with the senator to show his commitment and said this is what we have to do. as a result of that meeting, they came to some d
host: armstong williams, how do you see the fiscal cliff negotiations going? where do you see them going? guest: there is no doubt that the president signaled yesterday in his conversation to the speaker of the house, and no matter what the drumbeats of the politicians and activists may say to the media, there is no question he is committed to resolving this issue. you cannot resolve this issue bringing people back to certainty or to help business owners understand the liabilities they will...
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this is a game of chicken, which i think is designed to go over the fiscal cliff, and pin the blame on the republicans, i understand why the president is doing it for political reasons but i don't think that the republicans have to surrender themselves in this game of chicken. lou: it seems the ultimatum, raise taxes on top 2%, why not let him eat to, it is his decision, go for it, if you don't want a mature, and intelligence, and responsible negotiation, you do not know who you are dealing with, it is called a constitutional body of government. >> it is john's right, this is politics, hard and fast, 1995 all over again, stakes are high and and president wants house back, pin the blame on the republicans make them look like right wing lunatics and grab the chips, they are in a no-win position. lou: we'll be back, marianne has to weigh in and a bunch more as we continue with the a team stay with us. ♪ ♪ [ male announcer ] they are a glowing example of what it means to be the best. and at this special time of year, they shine even brighter. come to the winter event and get the merced
this is a game of chicken, which i think is designed to go over the fiscal cliff, and pin the blame on the republicans, i understand why the president is doing it for political reasons but i don't think that the republicans have to surrender themselves in this game of chicken. lou: it seems the ultimatum, raise taxes on top 2%, why not let him eat to, it is his decision, go for it, if you don't want a mature, and intelligence, and responsible negotiation, you do not know who you are dealing...